16,983 Shares of SPDR Gold MiniShares Trust $GLDM Acquired by Newport Capital Group LLC

Newport Capital Group LLC bought a new position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,983 shares of the company’s stock, valued at approximately $1,465,000. SPDR Gold MiniShares Trust makes up approximately 1.0% of Newport Capital Group LLC’s investment portfolio, making the stock its 21st largest holding.

Other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its holdings in SPDR Gold MiniShares Trust by 288.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 268 shares of the company’s stock worth $25,000 after buying an additional 199 shares in the last quarter. HHM Wealth Advisors LLC grew its stake in shares of SPDR Gold MiniShares Trust by 236.7% during the first quarter. HHM Wealth Advisors LLC now owns 303 shares of the company’s stock valued at $28,000 after acquiring an additional 213 shares in the last quarter. Evergreen Advisors LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the first quarter valued at about $49,000. First Bancorp Inc ME acquired a new stake in shares of SPDR Gold MiniShares Trust during the second quarter valued at about $51,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of SPDR Gold MiniShares Trust during the first quarter valued at about $60,000.

SPDR Gold MiniShares Trust News Roundup

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Gold rebounded as Treasury yields eased and the dollar weakened, while reduced expectations for an October Federal Reserve rate hike helped revive demand for precious metals. Gold also held above important support near $4,000–$4,103, suggesting buyers remain active. Wall Street undecided on gold’s near-term trajectory
• Positive Sentiment: China’s central bank added 23 tonnes of gold to its reserves, while Chinese gold ETFs and holiday jewelry, bar and coin demand strengthened. These flows offer a fundamental underpinning for gold and GLDM. China buys the gold dip
• Neutral Sentiment: Technical indicators show gold holding key support for a third consecutive week, but bulls must clear resistance near $4,201–$4,226 to confirm a sustained upside breakout. Upcoming U.S. housing, employment, purchasing-managers’ index and consumer-sentiment reports could determine the next move. Gold price forecast: Bulls face crucial resistance
• Negative Sentiment: Hot U.S. inflation data—including a 6.3% annualized rise in producer prices—has kept December Fed tightening risks alive. Higher-for-longer rates and yields increase the opportunity cost of holding non-yielding gold, while recent failures near $4,200 have limited the rally. Gold holds near $4,170 as inflation keeps December Fed tightening in play

SPDR Gold MiniShares Trust Trading Down 0.2%

GLDM traded down $0.13 on Friday, reaching $82.46. The company’s stock had a trading volume of 4,645,464 shares, compared to its average volume of 6,749,403. SPDR Gold MiniShares Trust has a 1 year low of $77.50 and a 1 year high of $109.74. The business’s 50 day moving average is $85.73 and its 200 day moving average is $86.40.

SPDR Gold MiniShares Trust Company Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.